UK retailer Game cuts 46 jobs from HQ

"Our proposed new structure will change the way that we operate and will enable us to be significantly more efficient in our relationships with suppliers and customers," the company told MCV in a statement. "We are giving our full help and support to the colleagues who are affected by these proposed changes."

As of last November, Game had 1,275 stores in Europe and Australia, but the company is seeking to sell off its international business (you can probably guess who the rumored buyer is). The collapse of Game would impact the overall games industry, as both EA and Take-Two saw fit to mention its problems would impact their sales during both publisher's third quarter financial calls.